Statistics Degree from University of Massachusetts – Lowell Return on Investment
See what the return on investment is for jobs that someone with a Statistics degree from University of Massachusetts – Lowell is likely to work in.
Top job projections for graduates in statistics from university of massachusetts - lowell
Statisticians
Projection Rating: B
Median Annual Wage: $104,110
Percentage of Paycheck to Repay: 14.31%-10.65%
Employment Change: 3.8%
Entry-Level Education: Master's degree
Data scientists
Projection Rating: A-
Median Annual Wage: $108,020
Percentage of Paycheck to Repay: 9.19%-6.84%
Employment Change: 73.1%
Entry-Level Education: Bachelor's degree
Investing in your education can be one of the most significant decisions of your life, and a Statistics Degree from the University of Massachusetts - Lowell offers an exceptional return on investment (ROI). With the growing demand for data analysis and statistical expertise across various industries, graduates from UMass Lowell are well-positioned to enter a lucrative job market.
The Statistics program at UMass Lowell equips students with essential skills in data interpretation, statistical modeling, and quantitative analysis. Graduates are prepared for a variety of careers in sectors such as healthcare, finance, technology, and government, where data-driven decision-making is crucial.
According to recent employment statistics, graduates with a Statistics Degree from UMass Lowell enjoy competitive salaries that often exceed national averages. Many alumni report starting salaries in the range of $60,000 to $80,000, with the potential for significant salary growth as they gain experience and advance in their careers.
Furthermore, UMass Lowell’s strong industry connections facilitate internships and job placements, enhancing the real-world experience of students and boosting their employability. The university’s commitment to research and practical learning ensures that graduates leave with not only theoretical knowledge but also hands-on experience in data analysis.
In addition to financial benefits, a Statistics Degree from UMass Lowell provides graduates with critical thinking and problem-solving skills that are applicable in numerous fields. This versatility means that students can adapt to various roles, making them valuable assets to employers.
In conclusion, pursuing a Statistics Degree from the University of Massachusetts - Lowell is a wise investment for your future. With high earning potential, diverse career opportunities, and a solid educational foundation, you can achieve a significant return on your investment while making a positive impact in the world of data and analytics.
Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.